Axos Bank vs SunTrust Bank

Axos Bank is a full-service online bank with excellent checking and savings. How does it compare to SunTrust Bank? Read our comparison chart below.

Axos Bank offers a range of checking and savings products. Checking options includes a up-to 1% cashback account and rewards checking account with a higher interest rate. Savings options include savings accounts and CDs with higher-than-average rates. All accounts have no monthly service fees.

While SunTrust Bank has 1,400 branches in the Southeast region. Checking accounts require $100 to open and offers different ways to waive fees. Select Savings account offers an annual 1% bonus up to $25. Promotional CD offers a high APY with a $2,000 minimum opening deposit.

Compare Axos Bank with SunTrust Bank, side-by-side.

	Axos Bank	SunTrust Bank
	SPECIAL OFFER Basic Business Checking - Learn More Read Axos Bank Review
	Benefits and Features
Savings	Up to 4.21% APY (promotional rate)	0.01% APY for all savings account. For Essential Savings Account - no minimum opening deposit, no monthly maintenance fee, no tiered interest rates. For Select Savings Account - $100 minimum opening deposit, $7 monthly maintenance fee unless 1) minimum $25 per month auto-transfer from a SunTrust personal checking account or, 2) $1,000 minimum daily collected balance. Has tiered interest rates.
CD	0.20% APY. Terms of 3 months to 5 years. $1,000 minimum	0.05% APY. Terms ranging from 6 months - 24 months. $2,500 minimum opening deposit. Terms ranging from 7 days - 31 days. OR $1000 minimum opening deposit. Terms ranging from 32 days - 60 days.
Checking	Rewards Checking: Up to 3.30% APY Cashback Checking: Up to 1% cashback
Money Market	0.25% APY	Minimum opening deposit $100. Monthly maintenance fee $12 unless 1) one (1) automated transfer ($100 minimum) occurs, OR 2) a minimum daily collected balance of $10,000 is maintained.
Mobile App	iOS & Android
ATMs	approximately 91,000 partner ATMs	More than 2160 ATMs across 11 southeastern states and Washington DC.
Customer Service	24/7	24/7 Telephone and Automated Customer Service
IRA CD		Terms ranging from 1 - 10 years.
Locations	Online only	1400 bank branches across 11 southeastern states and Washington D.C.
	CreditDonkey® Reviews
Savings
CD
Checking
Mobile App
ATMs
Locations
Pros & Cons	Pros: Checking with rewards No monthly fee Domestic ATM rebates Cons: Low CD rates No physical branches
Bottom Line	Full-service online bank with excellent checking and savings... Read full review
	Basic Business Checking Axos ONE - Earn up to 4.21% APY High Yield Savings - Up to 4.21% APY
Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details. Axos Bank: Pricing information from published website as of 09/08/2026. SunTrust Bank: Pricing information from published website as of 04/12/2022 based on 91107 zip code.

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